Question: Utilities ( electricity , water, disposal ) costs = $ 8 , 0 0 0 Value of entrepreneur's talent in the next best entrepreneurial activity

Utilities (electricity, water, disposal) costs =$8,000
Value of entrepreneur's talent in the next best entrepreneurial activity =$80,000
Entrepreneur's forgone interest on personal funds used to finance the business =$6,000
Creamy Crisp's implicit costs, including a normal profit, are
Multiple Choice
$150,000.
$136,000.
$94,000.
$156,000.
 Utilities (electricity, water, disposal) costs =$8,000 Value of entrepreneur's talent in

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!